Elk Horn, IA
Full City Profile · Iowa · Shelby County County
3.8
/5.0
B+
Good
623
Population
853/sq mi density
$60,000
Median Income
$29,496 per capita
$125,300
Home Value
$191,182 Zillow
$643
Median Rent
23.1% income on rent
47°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$60,000 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$125,300 home value, $643/mo rent
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher
Housing Overview
Median Home Value
$125,300
56% below
US avg: $281,900
Median Rent
$643/mo
45% below
US avg: $1,163/mo
Homeownership Rate
83.7%
28% above US avg (65.4%)
Total Housing Units
270
Median year built: 1938
Home Value by Source
Census Median
$125,300
Zillow (ZHVI)
$191,182
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.7%
Owner-Occupied
16.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$643/mo
Affordability & Housing Stock
Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
83.7%
Complete Housing Data
Home Values
| Census Median Value | $125,300 |
| Zillow Home Value (ZHVI) | $191,182 |
Rent
| Census Median Rent | $643 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 83.7% |
| Renter-Occupied | 16.3% |
| Homeownership Rate | 83.7% |
| Total Housing Units | 270 |
| Median Year Built | 1938 |
| Rent Burden | 23.1% |